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BigLava
Sep 1, 2023 12:43 PM

Be careful with the auto market Short

O'Reilly Automotive, Inc.NASDAQ

Description

When was the last time you needed to go to advanced auto parts, auto zone, o Reily ?

Probably only to get a battery.

New cars and most important EVs require minimal maintenance.

NYSE:AAP is good example.
Comments
wolffarchitecture
bold idea to short one of the strongest stocks in the market, been considering taking profits. The only problem I see is simply the price of the stock, Its above 900/ share ... which is too high for me to short and be managed properly. need deeper pockets.
BigLava
@wolffarchitecture, I used minimal capital, as I usually stay away from options. But just looking at the overall auto market in general had to buy my puts :).
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